Neworld Developers plans to launch real estate projects worth ₹5000 crore over the next five years, focusing on integrated townships, villas, resorts, and hospitality-linked developments. The company is launching a township project in Goa in May 2025, with robust infrastructure.
Premium amenities, and seamless connectivity to the newly developed MOPA Airport. Neworld Developers has acquired 182 acres of prime land in Goa & Maharashtra, aiming to create a vibrant township offering more than just residential spaces. The initial phase, with a sales value of ₹400 crore, is set to commence possession soon.
The company is also planning to acquire land parcels in Haryana for plotted developments and explore opportunities in culturally significant locations.Gurugram-based Neworld Developers has announced an ambitious plan to invest ₹5,000 crore over the next five years in real estate projects across Goa, Haryana, and culturally.
Significant cities like Ayodhya, Mathura,Neworld Developers is set to launch a township project in Goa in May 2025, and Meerut. This strategic expansion aims to develop integrated townships, villas, resorts, and hospitality-linked developments, catering to the evolving housing demands in both Tier 1 and emerging Tier 2 and Tier 3 cities.
Neworld Developers is set to launch a township project in Goa in May 2025, strategically located near the newly developed MOPA Airport. The project Notably, the project has obtained all necessary approvals, encompasses premium amenities and offers seamless connectivity, enhancing its appeal to potential homeowners and investors.
The company has acquired 182 acres of land in Goa and Maharashtra for this development. The initial phase, valued at ₹400 crore, is poised to commence possession soon. Notably, the project has obtained all necessary approvals, including Non-Agricultural (NA) registration and Occupancy Certificate (OC), ensuring transparency and reliability for buyers.
Haryana Initiatives
In Haryana, Neworld Developers plans to acquire land parcels for plotted Notably, the project has obtained all necessary approvals, developments aimed at promoting acquire land parcels for plotted Notably, the affordable housing. This initiative aligns with the company’s vision to address the housing needs of diverse economic segments and contribute to the state’s urban development.
Expansion into Culturally Significant Cities
Beyond Goa and Haryana, Neworld Developers is exploring opportunities in cities highlighted that the Goa projects exemplify with cultural and religious significance, including Ayodhya, Mathura, and Meerut. The company intends to develop township projects in these areas, tapping into the growing housing demand in India’s emerging urban centers.
Leadership Perspective
Sunil Sisodiya, Chairman and CEO of Neworld Developers, emphasized the acquire land parcels for plotted Notably, the company’s commitment to creating comprehensive lifestyle experiences rather than just constructing homes. He highlighted that the Goa projects exemplify this Notably, the project has obtained all necessary approvals, approach by integrating residential.
Commercial, and hospitality elements to form self-sustained communities. With necessary approvals secured and development underway, Sisodiya expressed enthusiasm about introducing a township that offers an exceptional living environment, complemented by Goa’s serene landscape and excellent connectivity.
Market Context
Neworld Developers’ expansion plans coincide with a period of robust activity in India’s real estate sector. In 2024, developers acquired 2,335 acres of land across 23 cities, valued at approximately ₹39,742 crore, indicating strong confidence in the market’s potential. Notably, Tier 2 and Tier 3 cities accounted for 28% of these acquisitions, reflecting a strategic shift towards emerging urban centers.
In summary, Neworld Developers’ ₹5,000 crore investment strategy underscores its dedication to addressing India’s diverse housing needs through the development of integrated, self-sustained communities in both established and emerging urban areas Ayodhya, Mathura, and Meerut. The company intends to develop township.
- Group Media Publication
- Construction, Infrastructure and Mining
- General News Platforms – IHTLive.com
- Entertainment News Platforms – https://anyflix.in/
%20/23%20cimr%204.jpg "India is selected to host the ICCC Conference in 2027.")